What the Meese-Rogoff papers do and don’t say, and the implications for empirical exchange rate modeling
Author Archives: Menzie Chinn
Another Reason for Reducing Oil Dependence
The macroeconomic implications of high oil imports
New research on the current account adjustment process
Insights on how global current account imbalances might be resolved
New Research on the Sources of Current Account Deficits
Some excerpts from a recent conference on Current Account Sustainability in Major Advanced Economies
The Debate over the Impact of the Budget Deficit on the Current Account Deficit
What does the empirical literature say?
Is the Renminbi (Rmb) undervalued in price terms? Does it matter if it is?
With the visit of President Hu to the United States, Chinese currency misalignment is at the top of the agenda. What is “misalignment”?
Even more on the employment report
A contrarian perspective on employment growth
Real vs. nominal, seasonally adjusted vs. nsa
A primer on real, nominal, physical units, and seasonal adjustment
February Trade Figures
A (semi-) Positive Surprise on the trade balance
External scientific advice at the Department of Energy
Energy department abolishes science advisory board